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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !

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To: Alan Garland Brown who wrote (293)5/2/1998 5:10:00 PM
From: Brad  Read Replies (2) of 8879
 
Alan, Welcome to the thread! GLOW is a very exciting opportunity to me because it seems soooooo undervalued!

From just ECS alone, they expect $7 Million in Net revenues. Take out 40% for income tax and we have about $4.2 Million Net Profit. That's over 7› EPS by itself and a current P/E of only 3.

To me, with just ECS alone, GLOW should go to at least 35› per share. That's only using a very conservative multiple of 5.

THEN...
If the news this coming week is on the Software Licensing, the earnings projection bumps up to around 28› EPS.

That should take us up to about $1.40 per share.

THEN...
If the news expected in the next 2-3 weeks confirms the Management Services deal, the earnings projection bumps up to around 32› EPS.

That could take us up to about $1.60 per share.

THEN...
If they announce the projections on Wolf Key, this could really start to take off in a very big way.

We've just started to see a nice steady increase in valuation. And with news this next week, GLOW should start to really see some significant gains.

That's my opinion, anyway. I encourage everyone to find out whatever they need to reach their own comfort level before investing in anything.

Best wishes,
Brad
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